Oh boy, do I have some news for you! 🚨 It seems that XRP is on the cusp of a major explosion – and I’m not talking about the kind that happens when you eat too much Taco Bell. 🌯️ A market expert, known as the ‘Charting Guy’ (because, of course, he has a cool nickname), has released a report that suggests XRP is mirroring its 2017 bull run. Yeah, that’s right, folks, we’re talking déjà vu all over again. 🕰️
The Charting Guy’s Crystal Ball
On July 7, the Charting Guy (I’m starting to think he’s a superhero) released a technical analysis of the XRP/BTC trading pair. And let me tell you, it’s like he has a PhD in predicting the future. 🔮 His report shows a zoomed-in fractal overlay of the current XRPBTC price action with a pattern from the 2017 rally, and it’s like they’re identical twins. 👯
The Charting Guy (okay, I’ll stop with the nickname now) disclosed that this fractal had accurately forecasted both the December and January local highs down to the exact day. I mean, what’s next? Predicting the lottery numbers? 🎲 Furthermore, the XRP/BTC chart shows the trading pair consolidating through the first half of 2025 after a strong run-up that mirrored the initial 2017 move.
In August, the pair experienced a sharp reversal and breakout to the upside, just as the fractal predicted. Because, of course, it did. 🙄 As a result, the trajectory of the overlaid fractal suggests that XRP/BTC may now be entering the parabolic phase of the cycle, similar to the final months of 2017, where price surged to peak levels. Buckle up, buttercup! 🚀
While the fractal is not intended to predict the exact price levels of XRP/BTC, its alignment in timing and structure suggests that the trading pair could continue following its historical trajectory. If the pattern plays out perfectly, XRP may rally hard against Bitcoin in the coming months, potentially replicating one of its most explosive phases of its 2017 market rally. For now, the Charting Guy has urged traders to closely monitor the pair’s next moves over the coming months. Because, you know, it’s always good to be prepared. 📊
XRP Price Forecasted To Outperform Bitcoin (But Don’t Quote Me On That)
In other news, the Charting Guy recently reposted an insightful analysis on the XRP/BTC trading pair by Matt Hughes, a crypto analyst and chartist on X. Because, of course, there’s always more to the story. 📚 In this post, XRP shows signs of a significant bullish move as both its Bitcoin and USD trading pairs approach critical levels on the weekly timeframe. Yeah, because that’s not a recipe for disaster. 🤯
The charts for both XRP/BTC and XRP/USD reveal strikingly similar structures, with the altcoin in each pair interacting with the upper boundary of the Ichimoku Cloud indicator. On the XRP/BTC chart, Hughes highlights that price action has recently broken into the cloud and is now testing its upper boundary. This behavior suggests a potential breakout to the upside, indicating that XRP could outperform Bitcoin if bullish momentum continues. But don’t quote me on that, I’m just a writer. 🤷♀️
Likewise, the XRP/USD chart displays a structure that closely mirrors XRPBTC, with the altcoin now trading at the edge of the weekly cloud. The alignment across both pairs reinforces the likelihood of a bullish breakout. If the breakout holds, it could mark the beginning of a new upward phase for XRP, with projections implying a move well above current levels. But, you know, no pressure. 😅
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2025-07-09 00:18